COVID-19 Impacts on Global Oil Demand?
The impacts of COVID-19 on global oil demand are extremely uncertain. However, this model aims to help you bound the uncertainties, disaggregating 2020 oil demand in the developed and the…
On the road: long-run oil demand after COVID-19?
Another devastating impact of COVID-19 may still lie ahead: a 1-2Mbpd upwards jolt in global oil demand. This would trigger disastrous under-supply in the oil markets, stifle the economic recovery…
Global oil demand: rumors of my death?
…note aggregates demand data for 8 oil products and 120 countries over the COVID pandemic. We see 3.5Mbpd of pent-up demand ‘upside’, acting as a floor on medium-term oil prices….
Silver demand: upside and substitution?
Silver demand in energy transition will most likely tighten the global silver market by 10-30% over the course of the 2020s. This reflects upside in solar, electric vehicles, thrifting, and…
Global energy demand: nervous breakdown?
We have attempted a detailed breakdown of global energy demand across 50 categories, to identify emerging opportunities in the energy transition, and suggesting upside to energy demand forecasts? This 12-page…
Long-Term LNG Demand: technology-led?
This is a simple model of long-term LNG demand, extrapolating out sensible estimates in the world’s leading LNG-consuming regions. On top of this, we overlay the upside from two nascent…
2050 oil markets: opportunities in peak demand?
Seven technology themes can save 45Mbpd of long-term oil demand. They make the difference between 2050 oil consumption surpassing 130Mbpd and our own forecasts: for a plateau in the 2020s,…
Electric Vehicles Increase Fossil Fuel Demand?
It is widely believed that electric vehicles will destroy fossil fuel demand. We find they will increase it by 0.7Mboed from 2020-35. EVs only start lowering net fossil fuel demand…
Shifting demand: can renewables reach 50% of grids?
25% of the power grid could realistically become ‘flexible’, shifting its demand across days, even weeks. This is the lowest cost and most thermodynamically efficient route to fit more wind…
Oil demand: the rise of autonomous vehicles?
We are raising our medium-term oil demand forecasts by 2.5-3.0 Mbpd to reflect the growing reality of autonomous vehicles. AVs eventually improve fuel economy in cars and trucks by 15-35%,…